- Google one hour chart shows price near Golden ratio and price resistance area of 890 - 891.
- Crucial support at the hourly cloud. One of these levels has to break for a bigger move to happen.
- APPLE FALLING WEDGE PATTERN
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
June 17, 2013
GOOGLE Support and Resistance levels
ES Chart update
- ES back to 100 period SMA of four hour chart which has acted as a stiff resistance level for sometime now.
- One hour chart shows a bullish possibility But price must sustain above 50 Hour SMA. Weakness on price falling below 50 Hour SMA.
- S&P 500 WEEKEND UPDATE
- BLACKBERRY WEEKEND UPDATE
APPLE Falling wedge pattern
4 HOUR CHART
- Apple one hour chart shows a falling wedge pattern. Price holding above the support line should give a breakout towards 445 levels.
- Price must sustain above 50 Hour SMA for a bigger up move to happen.
- Last chart shows fib levels in 4 Hour time frame. For bulls price must move above 38.2% Fib level for a possible target back towards 23.6% Fib level. Breaking below 50% Fib level means weakness.
- BLACKBERRY WEEKEND UPDATE
- S&P 500 WEEKEND UPDATE
BLACKBERRY Weekend update
- Daily chart shows Friday's up move getting resisted at 50% Fib level. 50 Day SMA too is acting as resistance, Bulls were unable to make a close above 50 Day SMA.
- Weekly chart still shows hope for bulls to move up towards the upper resistance line of the triangle provided price stays above 13.5 levels.
- Weakness on price trading below 13.3 - 13.5 level.
- S&P 500 WEEKEND UPDATE
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